Ten years ago, Renault was a pioneer in the electric market. Today, the group seems to lag behind some of its competitors. How do you explain it? When I arrived, I discovered a group with a lot of potential, skills, and above all experience. Renault has actually entered this market almost at the same time… Continue reading Renault “targets 90% of purely electric cars by 2030”, says its boss
Tag: Tesla
Chinese EV maker Xpeng said to raise $1.8b in HK listing
Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 ($21.25) each as part of its Hong Kong dual primary listing, two people with direct knowledge of the matter said. The people declined to be identified as the information was not yet public. Xpeng declined to comment on pricing guidance given to investors. The company sold 85 million shares in the deal… Continue reading Chinese EV maker Xpeng said to raise $1.8b in HK listing
Clean Technica: CATL Will Now Supply Lithium-Ion Batteries To Tesla Until December 2025001010
Contemporary Amperex Technology Company (CATL) will begin supplying lithium-ion batteries to Tesla starting in January 2022, the Global Times has reported. The contract between the two ensures that CATL will supply Tesla with lithium-ion batteries through the end of 2025. CATL announced that it signed a Production Pricing Agreement with Tesla on Friday in order… Continue reading Clean Technica: CATL Will Now Supply Lithium-Ion Batteries To Tesla Until December 2025001010
Tesla stock slips as UBS slashes its price target by 10%, citing slowing demand in China (TSLA)
Tesla TKed Wall Street’s expectations. Xinhua/Ding Ting via Getty Images The rise in popularity of Chinese electric vehicle brands like BYD, Nio, and XPeng represent a growing threat to Tesla’s dominance, UBS said in a note on Tuesday. The bank reduced its Tesla price target by 10% to $660 from $730, representing a potential decline… Continue reading Tesla stock slips as UBS slashes its price target by 10%, citing slowing demand in China (TSLA)
Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features
Tesla has started pushing a new software update for Model 3 and Model Y vehicles equipped with its new “Tesla Vision” computer vision system in order to restore some Autopilot functionality. Last month, Tesla announced the transition to its “Tesla Vision” Autopilot without radar, and it warned that it would result in limitations of some Autopilot features… Continue reading Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features
Bollinger Motors debuts 2022 electric work trucks – The Detroit News
Electric auto startup Bollinger Motors’s B1 SUV and B2 pickup are among the highly-anticipated crop of electric pickups scheduled to come to market in the next year. The pricey, $125,000 vehicles promise unique hauling capabilities as well as competitive towing and horsepower numbers compared to traditional petrol-powered trucks. But Bollinger also needs to put food on… Continue reading Bollinger Motors debuts 2022 electric work trucks – The Detroit News
Tesla signs new battery cell agreement with CATL in race to secure large battery supply
Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry. The electric vehicle revolution is in need of an insane amount of batteries in order to keep growing at a high pace. New production capacity is being… Continue reading Tesla signs new battery cell agreement with CATL in race to secure large battery supply
Tesla dealt big blow as almost all cars in China need safety fix
This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Tesla dealt big blow as almost all cars in China need safety fix
Chinese EV battery maker CATL extends deal with Tesla
BEIJING, June 28 (Reuters) – Chinese electric vehicle battery maker CATL (300750.SZ) said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc (TSLA.O) to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model… Continue reading Chinese EV battery maker CATL extends deal with Tesla
Tesla’s recall of 285,000 cars in China is a ‘black-eye moment’ for the EV maker — but that won’t derail its strong prospects, Wedbush says
Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai. Reuters Tesla’s recall of most of its cars delivered in China won’t derail its growth prospects, according to Wedbush. Analyst Dan Ives said the incident is a clear “black-eye moment” for Tesla, already having reputational issues in… Continue reading Tesla’s recall of 285,000 cars in China is a ‘black-eye moment’ for the EV maker — but that won’t derail its strong prospects, Wedbush says